Gce Model Questions Vol1 2025 Economics Question 6

Practice objective / multiple choice question 6 from the 2025 Gce Model Questions Vol1 Economics examination.

Gce Model Questions Vol1 2025 Economics Objective / Multiple Choice Medium Difficulty
Question 6 GCE_MODEL_QUESTIONS_VOL1 • 2025 • ECONOMICS • objective

A country's economy has the following aggregate data (in billions of naira): Consumption = 2,500, Investment = 800, Government spending = 1,200, Exports = 300, Imports = 400, Indirect taxes = 250, Subsidies = 50, Depreciation = 350, Net factor income from abroad = 80. The population is 50 million. Calculate the National Income per capita.

Answer Options

Correct Answer A. 78,600
B. 71,400
C. 85,200
D. 92,800
Correct Answer
A
Correct Option:
78,600

About This Question

This is Gce Model Questions Vol1 2025 Economics Question 6. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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